Exploring the future of smart off-grid power, global project updates, and technological breakthroughs.
Clear Blue Technologies announced the installation of its Smart Off-Grid Illumient lighting systems in the City of Mississauga, Ontario. The project in Duncairn Downs Park, located in the Erin Mills Community, was completed late last year.
Today, Clear Blue Technologies (TSXV:CBLU) is pleased to announce that it has completed an initial tranche of a non-brokered private placement of units (each, a “Unit”) at a price of $0.25 per Unit, for gross proceeds of $1,008,000 (all amounts are in Canadian dollars). Additionally, the Company has closed on a $1,150,000 operating line and credit facility provided by a Canadian Schedule I bank with the support of Export Development Canada (“EDC”).
Clear Blue Technologies has delivered Smart Off-Grid Power Packs to power lighting at 51 intersections in North Dakota for the Department of Transport. The initial three phases of installations are complete, with 16 lights already in use at rural intersections across the State. The remaining 34 lights are expected to be installed in two phases during 2019. The project was done in partnership with Luma Sales, and includes the sale of Clear Blue Smart Off-Grid Power Packs as well as on-going monitoring and management services.
Clear Blue Technologies announced that 40 of its Illumient solar-powered street lights have been installed along Bloor Street West in Toronto. The project was driven by the Bloor West Village Business Improvement Association (BIA), the first BIA ever established in the world. The project value to Clear Blue exceeded $400,000 CAD, and includes on-going management services from Clear Blue, using its Illumience cloud software.
Clear Blue Technologies today announced the delivery of a modular, lithium energy capability that can scale as the power demands of nano-grid systems change and grow. Clear Blue’s Smart Off-Grid power systems now include Clear Blue-certified lithium iron phosphate (LiFePO4) batteries within Clear Blue’s telecom, lighting, and IoT Smart Off-Grid power packs.
Clear Blue Technologies International Achieves Revenue Growth of 283% in Q3 2018 on Trailing Four Quarter Basis – Clear Blue builds on Q2 results, further demonstrates global growth potential
Clear Blue Technologies has been selected as the power service provider for BRCK, a Kenyan technology provider working to connect frontier markets to the internet. Clear Blue will provide BRCK with its Smart Off-Grid technology and service for a multi-year rollout of thousands of WiFi hotspots across Africa, set to begin in 2019 and running through 2024.
We are pleased to announce that Clear Blue Technologies (TSXV:CBLU)(“Clear Blue” or the “Company”) commenced trading on the Frankfurt Stock Exchange (“FRA”) at the open of the market on November 13, 2018 under the symbol 0YA (WKN: A2JRJ2/ISIN:CA18453C1077.)
The $248K ($325K CAD) project included the purchase, installation, and remote management of 20 Illumient Smart Off-Grid street lights.
Clear Blue Technologies today announced it has won 12 new projects in Ontario this year for its Illumient Smart Off-Grid lighting, exceeding its 2018 projections for installations in the province. Revenue from sales in Ontario YTD are 515% higher than in all of 2017, and the number of lighting systems increased by over 300%.